Bulletin - July 2025

KVPOA BULLETIN – JULY 2025

FISCAL YEAR 2025/2026 BUDGET APPROVED

On June 30th, the Board approved KVPOA’s Fiscal Year 2025/2026 budget. The following are key

points:

➢ The FY26 budget will discontinue the special insurance billing that has been in effect for the

past two years ($3,700 per unit).

➢ Monthly dues will increase by 20%.

➢ New monthly dues: $664 to $796 (Oct-25 through Sept-26).

➢ Current FY25 annual homeowner contribution (Oct-24 through Sept-25): $11,668 per unit

($664 per month for 12 months plus $3,700).

➢ Approved FY26 annual homeowner contribution (Oct-25 through Sept-26): $9,552 per unit

($796 per month for 12 months).

➢ This represents a decrease of $2,116 annually (-18%) compared to FY25.

➢ $225,000 in savings from insurance in FY25 will be allocated to FY26 to help reduce

homeowner contributions for that year.

➢ The budget increases funding for the Reserve Account by approximately $20,000 ($314,000

compared to $294,000 in FY25).

➢ The Reserve Account budget includes over $100,000 in excess revenue to accumulate funds

for future large-scale projects such as roofing replacement or parking lot paving.

➢ There is no funding allocated for the (optional) Capital Improvement Fund.

➢ The current balance of this fund is about $176,000.

➢ Operating and Reserve accounts are required, while the Capital Improvement account is optional

and maintained for enhancements to the complex. If new infrastructure or amenities are planned in the future, contributions to this fund may resume.

VOLUNTEER CLEAN-UP DAY – JUNE 14th RECAP

The first volunteer clean-up day of the season has been completed with notable results. Over twenty

homeowners participated, concentrating on clearing the 0-5 foot zone surrounding building structures

and removing debris sufficient to fill three large dumpsters. In the afternoon, several volunteers

gathered for an informal potluck in the Community Room.

TREE REMOVAL ACTIVITY

Mountain Tree Services has returned to Kingswood to remove several trees that did not survive the

winter. It is anticipated that some trees will need removal each year due to various factors. The

Board will maintain a budget allocation to support this activity.

BOARD OF DIRECTORS ELECTION HAS CONCLUDED – ELECTION BY ACCLAMATION

With three Board seats available for election this year, and only the incumbents seeking re-election,

an Election by Acclamation was held. As a result, all three incumbent Directors have been re-elected

for another three-year term. This outcome offers two key benefits: it ensures continuity within the

Board and allows KVPOA to avoid the time and costs associated with conducting a traditional secret

ballot election. The current Board continues to work effectively with staff to manage Kingswood’s

property and day-to-day operations.

FOURTH OF JULY CELEBRATION WAS A BIG SUCCESS

The inaugural 4th of July celebration at Kingswood, hosted by the Social Committee at the

amphitheater, was attended by nearly eighty owners and guests. Participants enjoyed a variety of

refreshments provided both by the committee and community members, including sloppy joes, hot

dogs, salads, desserts, popcorn, chips, salsa, and beverages. Organized activities included a water

balloon toss, Jenga, frisbee golf, cornhole, and a raffle featuring prizes generously contributed by

homeowners. The event marked a revitalization of community spirit within Kingswood. Appreciation is

extended to Social Committee members Diane Keller, Kelli Marchand, Lynelle Andersen, Kim Fox, and

James Longo for their diligence in planning and executing such a successful occasion. Anticipation is

already building for next year’s celebration.

DUMPSTER PICK-UP – TWO TIMES PER WEEK

Dumpster collection is now twice a week, with TTSA picking up garbage on Mondays and Fridays.

Only regular household waste and broken-down cardboard are permitted in the dumpsters. Please

break down boxes to save space. The following items are not allowed:

➢ Appliances (microwaves, refrigerators, freezers)

➢ TVs

➢ Furniture (tables, lamps, ironing boards)

➢ Mattresses

➢ Hazardous materials (motor oil, paint, chemicals)

➢ Vacuum cleaners

➢ Suitcases

➢ Hot fireplace embers (place fireplace ash into the red cans designed for this material)

➢ Contractor materials (wood, roofing, siding, etc.)

DUMPSTER FIRE UPDATE

Earlier this week, I reported an incident involving a dumpster fire caused by the improper disposal of

hot charcoal from a grill. The fire was promptly extinguished by the fire department. I am now able

to confirm that, thanks to information provided by owners and witnesses, the investigation has

concluded. The responsible STR party has been identified and fined heavily. I would like to

acknowledge the owners of the affected unit for their cooperation during the investigation. Upon

learning of the incident, the owners promptly notified James of their renters' presence and

cooperated fully throughout the process. Their proactive approach is appreciated.

GYM TREADMILL REPLACEMENT IS ON THE WAY

The replacement treadmill has been ordered and shipped, with delivery anticipated on or before July

22nd. Thank you once again for your patience.

IRRIGATION INTERRUPTIONS

Earlier this summer, NTPUD found and repaired multiple leaks during pressure tests on our water

lines. Consequently, some irrigation lines—mainly in Central Park—lack sufficient pressure for lawn

watering. Staff are collaborating with NTPUD to fix the problem.

CAMERA INSTALLATIONS COMING

The need to install cameras throughout Kingswood has become more pressing due to increased

dumpster abuse, vehicle damage, theft from balconies, ongoing bear activity, a recent dumpster fire

caused by improper disposal of charcoal, and last summer’s incidents involving pool attendants and

renters. The Facilities Committee has discussed this issue and will recommend that the Board

approve camera installation at key locations. More updates to come.

POOL AND GYM ENTRY REGULATED BY FOB OR CARD

Access to the pool and gym is limited to owners and guests possessing programmed fobs or cards;

attendants are instructed to refuse entry without proper credentials due to previous incidents of

misuse. If your fob or card is not functioning, please attempt to gently operate the gate handle.

Should access remain unavailable, promptly notify staff for assistance. Kindly ensure the gate is

closed behind you while staff address repairs to the gate spring. We appreciate your cooperation.

REMINDER - FIRE EXTINGUISHER REQUIREMENT

As reported last month, we secured new property insurance this year. Our insurance carriers have

inspected properties to ensure compliance. To meet requirements, every Kingswood homeowner

must keep an operable fire extinguisher in their unit at all times. Please get a working fire

extinguisher if you don’t already have one. The Board will provide updates on the inspection process,

extinguisher locations, and consequences of non-compliance.

NEXT BOARD OF DIRECTORS MEETING – July 21st @ 7:00 PM

Please join us on Monday July 21st.. Your attendance is important and keeps you informed about all

the projects that have been completed and those that are being planned.

REPORTING ISSUES

If you need to report an issue or concern, please email the Board at board@kvpoa.org. To reach the

office, please email office@kvpoa.org or call 530.546.5003. To reach our Superintendent, James Longo,

please email him at james.longo@kvpoa.org. For STR related questions or concerns, please email

STR@kvpoa.org.

KVPOA Bulletin - July 2025.pdf

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